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CCR1996033Alderman D'Acqusito introduced the followins resolution and moved its adaption: RESOLUTION NO. ~ RESOLUTION AUTHORIZING EHLERS AND ASSOCIATES, INC. TO SOLICIT COMPlETITIVE PROPOSALS FOR NOT 'KO EXCEED E1,200,00U GENERAL OBLIGATION PROMISSORY NOTES OF THE CITY OF MUSKEGO, WISCONSIN 33-96 WHEREAS. Wisconsin Statutes, Section 67.12(12) authorizes the City to issue General Obligation Promissory Notes; and WHEREAS, the City needs to finance General Fund Capitat prujKts. street improvements and water toner improvements; and WHEREAS. Ehlers and Associates. Inc. is the financial advisor for the City Of Muskego; NOW THEREFORE, BE IT IGSOLVED by the Common Council of the City of Muskego, Wisconsin: that Ehlers and Associates, Inc. is authorized Lo solicit proposals for the purchase of not to exced $l.ZM).OW General Obligation: Promissory Notes of the City of Muskego wilb the award of said purchase proposal to be considered by [he Common Council on February 17, 1996. BE IT FURTHER RESOLVED, that Ehlers & Associates is authoized to prepare an Official Statement in behalf of the issuer in accordance with Rule 15c2-12 of the General Rules and Regulations, Securities Exchange Act of 1934. The motion for the adoption of the foregoing resolution was duly stconded by Alderman Sanders and upon a vote being taken, rhc following voted in hvcr thcrcof: Aldermen D'Acquisto, Misko, Patterson, Rasmussen, Salentine, Sanders, and Suhr and the following voted against the same: whereupon said resolution was declared passed and adopted. Adoprsd rhis day of January, 1996. None David DeAngelis, Mayor Attesr: